Daily Digest

Daily Digest Wednesday, 15 September 2021

Funding In Eastern Africa

Ethiopian startup Viable Solutions secures US$200k in pre-seed capital

The startup intends to combine mobile money USSD services and integrate third-party on-demand services such as ride-hailing and food delivery into its platform. Read more

Funding In Emerging Markets

Malawi Solar Energy Startup, Yellow, Lands US$4mn Debt Financing

Yellow has enhanced energy availability for over 400,000 people while also reducing CO2 emissions by 12,000 tons per year by replacing kerosene with clean solar illumination and other devices. Read more

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Latest News

Software firm Karooooo buys Picup for US$5mn as it eyes South Africa’s e-commerce space

The Picup platform allows enterprises and transporters to plan and allocate their loads and access real-time tracking and proof of delivery with automated payments. Read more

Mastercard Foundation and University of Rwanda announce US$55mn partnership to help enhance the development of next-generation African leaders

The Mastercard Foundation Scholars Program was launched in 2012 and is part of the Mastercard Foundation Scholars Program. Read more

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